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Data tool
14 Apr 2025
Weather, Climate and Energy Tracker
Comprehensive weather data for energy modeling & analysis Weather
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Flagship report
Jun 2025
World Energy Investment 2025 Latin America and the Caribbean
Clean energy investment in Latin America has grown by nearly 25% in the past decade, highlighting regional progress despite diverse country contexts and transition pathways In Latin America and the Caribbean, a region characterised by diverse economic, political, and energy landscapes, GDP grew by 15% between 2015 and 2025, driven by Mexico, Colombia, Chile and Costa Rica, which experienced increases of between 10% and 40%. Since 2015, clean energy investment increased by nearly 25%, reaching USD 70 billion in 2025. Chile, Colombia and Costa Rica accounted for the largest increase, given the doubling of renewable investment flowing into the three countries. Brazil…
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Contributor
Ali Saffar
Head of Division for Europe, Middle East, Africa and Latin America. Ali Al-Saffar is the Middle East and North Africa programme manager at the International Energy Agency, leading the IEA’s engagement with the region and acting as a key advisor to the executive management. Prior to this role, he was an energy analyst at the Directorate for Sustainability, Technology and Outlooks, where he co-authored seven editions of the IEA’s flagship long-term forecast, the World Energy Outlook.